Answer:
Collection from Customers =$487,000
Explanation:
Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance
=97000+$519,000-$65,000
=$487,000
Answer and Explanation:
According to the given question, the computation is shown below:-
a. The amount and character of gain Charlie recognizes from end-of-the-year distributions is
Particulars Amount
Tax basis a $18,750
Ordinary income b $23,750
Stock basis $42,500
(c = a + b)
Distribution $47,500 ($42,500 + $5,000)
b. The stock basis is
Particulars Amount Character
Gain $5,000 Capital ($23,750 - $18,750)
Stock basis - None
Answer:
Convergence
Explanation:
Convergence meaning that the two different entities are coming together. It is also defined as the tendency of the group members to become more alike. It is also known as the company culture, in the sense, that the people who work there, tend to have the similar characteristics.
Therefore, the convergence is the phenomenon which states the shifting of the styles of the individual management in order to become more similar to one another.
I would say B is the correct answer
Answer: Option (A) is correct.
Explanation:
Here, it's given that the shareholders believe jets be utilized for purposes which are in accordance with increasing the profits of Company G.
From the given comprehension the following must be true in order to support the reason behind shareholders' objection: <em>Company G executives usually utilize corporate jets for personal travel. </em>
Since utilizing organizations's corporate jet for private use won't increase it's profit. This explains why the shareholders had an objection to executives' use of the corporate jets.
